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August 13, 2024
Revived business offers solicitors chance to keep around 70% of fees billed.
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Employment judge says litigation was an ‘unfortunate necessity…to ensure clairity and security for all sides’.
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Firm caused no harm but is penalised with 2.4% of its annual turnover.
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Creditors left tens of millions out of pocket as agreement reached on extra funds to handle windup of collapsed Sheffield law firm.
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Compensation fund has paid out more than £3.8m as a result of solicitor’s misconduct.
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